H.R. 6015House118th Congress (2023-2025)Passed House

Iran Sanctions Accountability Act of 2023

Introduced October 20, 2023

AI-Generated Summary

Updated January 20, 2026 at 12:25 PM UTC

The Iran Sanctions Accountability Act of 2023 requires the President to issue regulations within 180 days to stop any transactions that could indirectly support international terrorism or the spread of weapons of mass destruction under certain existing sanctions exemptions. It also mandates periodic reports to Congress on how well those regulations work and directs the Treasury to use the United States’ vote at the World Bank to block financial assistance to Iran, with the authority ending after up to seven years or sooner if Iran is no longer deemed a money‑laundering concern or stops supporting terrorism.

Key Provisions

  • President must issue regulations within 180 days to ensure transactions covered by specific NDAA sanctions‑exemption sections do not facilitate terrorism or WMD proliferation.
  • President must submit a report to Congress every two years for six years evaluating the effectiveness of those regulations.
  • Treasury Secretary must instruct the U.S. World Bank executive director to oppose financial assistance to Iran, with this authority ending after seven years or earlier if Iran is no longer a primary money‑laundering jurisdiction or ceases supporting terrorism.
  • Clarifies that the referenced NDAA exemption sections cannot be used to avoid sanctions if a transaction would support terrorism or WMD proliferation.

Legislative Activity

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13 earlier actions
SenateIntro Referral Latest Action

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

April 17, 2024

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HouseIntro Referral

Introduced in House

October 20, 2023

HouseIntro Referral

Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Accountability, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

October 25, 2023

HouseCommittee

Committee Consideration and Mark-up Session Held

November 14, 2023

HouseCommittee

Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 50 - 0.

November 14, 2023

HouseCommittee

Reported (Amended) by the Committee on Financial Services. H. Rept. 118-460, Part I.

April 15, 2024

HouseFloor

Mr. McHenry moved to suspend the rules and pass the bill, as amended.

April 15, 2024 • 5:52 PM

HouseFloor

Considered under suspension of the rules. (consideration: CR H2380-2382)

April 15, 2024 • 5:52 PM

HouseFloor

DEBATE - The House proceeded with forty minutes of debate on H.R. 6015.

April 15, 2024 • 5:52 PM

HouseFloor

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

April 15, 2024 • 6:01 PM

HouseFloor

Considered as unfinished business. (consideration: CR H2416)

April 16, 2024 • 2:19 PM

HouseFloor

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 408 - 13 (Roll no. 127). (text: 4/15/2024 CR H2380)

April 16, 2024 • 2:25 PM

HouseFloor

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 408 - 13 (Roll no. 127). (text: 4/15/2024 CR H2380)

April 16, 2024 • 2:25 PM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

April 16, 2024 • 2:25 PM

SenateIntro Referral

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

April 17, 2024

Floor Debate

2 members

What members said about H.R. 6015 on the floor

1 Republican1 Democrat
Joe Wilson
Rep. Joe WilsonR-SC-2 · Apr 17, 2023

Mr. Speaker, today I am grateful to honor the life of Prosecutor Benjamin Ferencz and offer my sympathy to his family. I along with Congresswoman Lois Frankel, co-led H.R. 6015, the Benjamin Berell…

Donald M. Payne, Jr.
Rep. Donald M. Payne, Jr.D-NJ-10 · Apr 16, 2024

Mr. Speaker, I was unable to cast my vote for Roll Call Votes Nos. 124 through 134. Had I been present, I would have voted: ``Nay'' on Roll Call Vote No. 124, Motion on Ordering the Previous Question…

Bill Text

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Referred in SenateIssued April 17, 2024

IIB

118th CONGRESS

2d Session

H. R. 6015

IN THE SENATE OF THE UNITED STATES

April 17, 2024

Received; read twice and referred to the Committee on Foreign Relations

AN ACT

To require the President to prevent the abuse of financial sanctions exemptions by Iran, and for other purposes.

1.

Short title

This Act may be cited as the Iran Sanctions Accountability Act of 2023.

2.

Regulations required

(a)

In general

Not later than 180 days after the date of the enactment of this section, the President shall issue regulations to ensure that each transaction described under section 1244(e) or 1247(c) of the National Defense Authorization Act for Fiscal Year 2013 (22 U.S.C. 8803(e) or 8806(c)) or section 1245(d)(2) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(2)) does not facilitate, directly or indirectly—

(1)

support for acts of international terrorism; or

(2)

the proliferation of weapons of mass destruction.

(b)

Report

Beginning on the date that is 1 year after the date on which the President issues regulations pursuant to subsection (a), and every 2 years thereafter for 6 years, the President shall submit to the Congress a report that evaluates the efficacy of the regulations issued by the President pursuant to subsection (a).

(c)

Rule of Construction

Nothing in section 1244(e) or 1247(c) of the National Defense Authorization Act for Fiscal Year 2013 (22 U.S.C. 8803(e) or 8806(c)) or section 1245(d)(2) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(2)) may be construed to prohibit the imposition of sanctions with respect to a transaction if the President finds, consistent with the regulations issued pursuant to subsection (a), that such transaction would facilitate, directly or indirectly—

(1)

support for acts of international terrorism; or

(2)

the proliferation of weapons of mass destruction.

(d)

Voice and vote

(1)

In general

The Secretary of the Treasury shall instruct the United States Executive Director at the World Bank to use the voice and vote of the United States to oppose the provision of financial assistance to the government of the Islamic Republic of Iran.

(2)

Sunset

This subsection shall have no force or effect on the date that is the earlier of—

(A)

the date that is 7 years after the date of the enactment of this section;

(B)

the date that is 30 days after the date that the Secretary of the Treasury reports to Congress that reasonable grounds do not exist for concluding that the Islamic Republic of Iran is a jurisdiction of primary money laundering concern; or

(C)

the date that is 30 days after the date that the President finds and reports to the Congress that the government of Iran has ceased to provide support for acts of international terrorism.

Passed the House of Representatives April 16, 2024.

Kevin F. McCumber,

Clerk.